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1461 Glenneyre St

3,850 SF 10% Leased Office Building Laguna Beach, CA 92651 $3,750,000 ($974/SF) 4.21% Cap Rate

Investment Highlights

  • Onsite Garage Parking
  • Highly Upgraded Interiors
  • Premium Location

Executive Summary

This unique, high-tech luxury office building has been beautifully renovated and upgraded to suit a wide variety of potential tenants. With five off-street and three garage parking spaces, the five separate units also feature new windows, doors and roof, central air conditioning, full security system by suite, T-1 lines into the building, hardwiring for a central server, and $600,000 in millwork and custom upgrades.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,850 SF
Building Class
B
Year Built
1981
Price
$3,750,000
Price Per SF
$974
Cap Rate
4.21%
NOI
$158,000
Percent Leased
10%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,765 SF
Slab To Slab
11’
Building FAR
0.80
Land Acres
0.11 AC
Zoning
LBP, Laguna Beach
Parking
2 Spaces (1.42 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Courtyard
  • Fireplace
  • Security System
  • Signage
  • Skylights
  • Kitchen
  • Accent Lighting
  • Storage Space
  • Central Heating
  • Partitioned Offices
  • Shower Facilities
  • Air Conditioning
Walk Score ®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
644-212-06
Land Assessment
$1,997,238
Improvements Assessment
$315,353
Total Assessment
$2,312,591
  • Listing ID: 30725897

  • Date on Market: 1/22/2024

  • Last Updated:

  • Address: 1461 Glenneyre St, Laguna Beach, CA 92651

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